Transition From PointsBet to Fanatics Officially Underway

The board at Australia-based PointsBet unanimously backs Fanatics' improved offer of $225 million for its US assets sale of its US assets

According to a report, the Australian company hired global investment bank Moelis & Company to help facilitate a sale of its assets in the US

pointsbet states Why is PointsBet selling the North American business? PointsBet is the seventh-largest sportsbook in the US, with gaming licenses in 14 states

pointsbet indiana PointsBet Holdings have voted overwhelmingly in favour of selling its US operations to Fanatics Betting and Gaming for US$225 million